Support Program to Enhance Access and Retention (SPEAR) of Climate Finance in Uganda

About this project

<p>The overall objective of the project is to increase central government's effectiveness in attracting and managing climate finance. This will be done by:</p><ol><li data-list="bullet"><span class="ql-ui" contenteditable="false"></span>ensuring that Climate Budget Tracking (CBT) and Green Taxonomy are developed and better implemented;</li><li data-list="bullet"><span class="ql-ui" contenteditable="false"></span>enhancing the capacity of Uganda¿s government to issue its first Sovereign Green Bond;</li><li data-list="bullet"><span class="ql-ui" contenteditable="false"></span>enhancing Uganda's access to international carbon markets;</li><li data-list="bullet"><span class="ql-ui" contenteditable="false"></span>enhancing the capacity of Transitional Climate Finance Unit (TCFU) to accelerate climate finance flows to Uganda.</li></ol>

Goals

Sustainable Development Goals this project works towards

• 1No Poverty
• 2Zero Hunger
• 5Gender Equality
• 7Affordable and Clean Energy
• 8Decent Work and Economic Growth
• 13Climate Action

Published by

European Commission - Directorate-General for International Partnerships · Other public sector

Countries

Uganda

Sectors

Business development servicesPublic sector policy and administrative managementFormal sector financial intermediaries

Focus

Gender equality · Also contributesEnvironment · Main focusGood governance · Also contributesBiodiversity · Also contributesClimate mitigation · Main focusClimate adaptation · Main focusDesertification · Also contributesDisaster risk reduction · Also contributes

Places

UG - Advance Afrika main office

Funded by

European Commission

Implemented by

GLOBAL GREEN GROWTH INSTITUTE

Accountable

United Nations Capital Development Fund

Passes funds through

Directorate-General for International Partnerships

Published by European Commission - Directorate-General for International Partnerships to the International Aid Transparency Initiative (IATI), last updated 29 Sept 2026 and imported automatically. IATI identifier: XI-IATI-EC_INTPA-2023-PC-25784.

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